July 21, 2012

Canadian Atlanta Gold forced to pay $2 million in fines

An Idaho court has ordered Canadian Atlanta Gold Corp (TSX:ATG) to pay a bulky $2 million fine for its continuing failure to stop arsenic and iron from flowing into a…

July 21, 2012

Silver: A metal of sunken treasure and champions

Earlier this week, Odyssey Marine Exploration, a world leader in deep-ocean shipwreck exploration, announced it successfully recovered approximately 48 tons of silver bullion from the SS Gairsoppa. Despite the silver…

July 21, 2012

India’s Jindal employees in Bolivia arrested and equipment seized for alleged ‘breach of contract’

Two employees of India’s Jindal Steel and Power were arrested on Friday and equipment confiscated in Bolivia, after the company abandoned its $2.1 billion El-Mutun iron ore project five days…

July 21, 2012

No signs of the mining boom ending for Australia any time soon: studies

There is no end on sight to the mining boom in Australia, a country which mineral resources sector value is expected to reach $122.6 billion by 2016, growing at an…

July 21, 2012

London 2012: And the 92.5% silver gold medal goes to…

Making the 2012 Olympic gold medal from pure gold would amount to $22,000 per medal at Friday's closing price of $1,585 an ounce. Event organizers baulked and opted for a…

July 20, 2012

New gold mining technology to boost South African miners efficiency

A new method of underground gold mining, being tested by AngloGold Ashanti, is filling headlines in the country, as the method has the potential to reverse the decline in South…

July 20, 2012

Finally, a $28,000 gold cupcake that is edible

It's arrived, the world's most expensive edible cupcake made out of gold.

July 20, 2012

Ivanhoe Mines successfully completes rights offering

Early results indicate approximately 100% of available common shares subscribed, generating $1.8 Billion in gross proceeds

July 20, 2012

Major Anglo American reshuffle as Amplats CEO walks away

Neville Nicolau, the head of Anglo American’s platinum business is leaving the company, after the South African unit warned its earnings per share for the first half could drop as…

July 20, 2012

GoldMet exercises warrants of Monument Mining Limited

GoldMet has exercised common share purchase warrants to acquire 24,112,500 common shares of Monument Mining Limited at a price of $0.50 per common share.